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Asia Pacific
South Korea: Cryptos Mixed up in $600 Million Illegal Forex Trade
The South Korea government is investigating the use of cryptocurrency in illegal foreign currency exchange, according to a statement.
Hong Kong to Educate Public on Crypto and ICOs
Hong Kong authorities have launched a public education campaign on the risks associated with ICO and cryptocurrency investment.
Philippines SEC Plans to Regulate Cryptocurrencies, ICOs
The Philippines’ Securities and Exchange Commission has said that it is developing rules around crypto trading to curb the risk of fraud.
Coincheck Must Report on Security Failures, Says Finance Watchdog
Following last week's huge hack, Japan's Financial Services Agency has said Coincheck must report on the issues and its plan for improvements.
Coincheck Confirms Crypto Hack Loss Larger than Mt Gox
Japanese exchange Coincheck has confirmed that about $533 million-worth of cryptocurrency has been stolen from its digital wallets.
Chinese Finance Association Cautions on Overseas ICOs
China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.
Bitcoin Won't Cause Lehman-Style Meltdown, Says MAS Fintech Chief
The fintech chief at the Monetary Authority of Singapore believes bitcoin won't cause a financial meltdown like the 2008 Lehman Brothers bankruptcy.
South Korea Fines Crypto Exchanges for Privacy Failures
South Korea's Communications Commission has issued fines totaling $130,000 to eight cryptocurrency exchanges over insufficient user data protection.
China's Banking Regulator Pushes Blockchain Adoption for Credit Market
China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.
South Korea Reveals Deadline for Anonymous Crypto Trading Halt
South Korea's financial watchdog has set a date for the introduction of a new rule barring anonymous virtual cryptocurrency trading accounts.
